Short Term Trading Week Starting: 23 Feb, page-7

Weekly Fundamental and Technical Analysis Prospects - Week Starting 23rd Feb 2016 (No. 154)

Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week).
All listed market caps are undiluted (and do not include escrowed shares) (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).

Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided as I do not have the time to research all the facts that have been provided. Best of Luck.!

Weekly Fundamental Analysis Prospects

3DM - Health Care Equipment and Services – Primary Focus 3D Medical Imaging [23/02/2015]
Market Cap: 35.7mil, Cash approx. 4.5mil (recent cap raise of 4.1mil for re-listing) Firstly currently only 200mil free float as 174mil under Escrow till June 2015 (as part of sale to acquire 3D Medical) On completion of the Transaction the company will commence sale of 3D products and related data to the Australian medical and healthcare sector. 3D medical currently focuses its activities on the twin technology platforms of 3D printing and holographic projection. 3D printing creates physical three-dimensional models of a patient’s anatomy utilising the images and data already being captured with conventional diagnostic imaging equipment by radiology service providers. The application of 3D printing and its incorporation into best practice medical protocols offers clinicians, healthcare professionals, patients and researchers greater accuracy, effectiveness and efficiency into achieving improved patient outcomes. 3D medical has established an exclusive supply arrangement with 3D Group, an emerging 3D printing business, whereby 3D medical will be the exclusive reseller of 3D group’s services to the medical market. Furthermore, 3D medical has entered into a service agreement with Capitol Health LTD (ASX:CAJ and a 5% stakeholder in 3DM) whereby 3D medical will exclusively supply 3D anatomical models to Capitol Health’s 52 radiology clinics. Holographic projection is the second launch technology platform for 3D medical. 3D medical has secured Australian and New Zealand rights to this emerging technology and believes that this technology can significantly alter the practice of medicine by enhancing efficacy and workflow at the practitioner level, accelerate the pathway to excellence in medical education and training and offer patients greater insight into their condition and ailment. 3D medical expects its initial revenue streams to come from the sale of 3D anatomical models and from the distribution of holographic projection viewers to radiology providers and medical specialist in such areas as cardiology, neurology, gastroenterology and orthopaehics. Recent Announcement dated 18/2/15 and likely FA Sales of printed models – New Customers 3DM commenced formally pre-selling its 3D printed anatomical models to the broader market in late January 2015 and have invoiced sales in February to four new corporate customers including a research foundation, two manufacturers of medical implants and an orthopaedic practice. Since completion of the capital raising the Company has commenced commercial discussions with selected potential customers regarding exclusive supply agreements similar to the exclusive supply agreement with Capitol Health. Finally I work in this sector and 3D imaging would be amazing for both patients and doctors, but it will all come down to cost…..3D medical initial revenue streams will come from the private medical sector but if they can become cheap enough for the public sector and receive Medicare funding will its Blue Sky for this Company…………also currently well funded with over 4 million in the kitty
Poster: Globe_Trader (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14798805/single (Mcap: $35.2m)


TSV - Oil and Gas explorer
[19/02/2015]
Cash 4 mil, MC 14 mil Did not want to put this up yet accept its started going up so better get it done. Miles of Canadian land to explore but real value lies in Warro project just north of Perth. They have $50 mil funding JV from Alcoa to drill two wells in second half of this year, this is a 10 TCF project and Alcoa is the largest gas user in the state. Commercialisation will be straight forward on success with main pipe from NW shelf 30 km from project and Alcoa have a heap of spare capacity in that pipe. This stock ran hard last time they drilled, easy Besbs trade here, or hold on for drilling fun
Poster: V8 (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14773203/single (Mcap: $16.1m)


GMM - Iron ore, gold, copper, cabonatite and tantalum - Australia [19/02/2015]
MC- $9 mill Cash – $908K (after oversubscribed placement at 0.05)Massive response to Mt Cattlin news. Retraced over the past 2days. Today’s capital raising news should allow SP to work it’s way back towards 0.13 which is the midpoint of the 5 year peak and 5 year low
Poster: Trevor12 (STT Accuracy: 14.3% - Ranking No.20 )
http://hotcopper.com.au/posts/14778211/single (Mcap: $7.9m)


GMM - Iron ore, gold, copper, cabonatite and tantalum - Australia [19/02/2015]
MC- $9 mill Cash – $908K (after oversubscribed placement at 0.05)Cash now raised to complete due diligence and pre-development work on the Mt Cattlin Project. General Mining (ASX:GMM) was granted the right to solely operate at the Mt Cattlin Project for 3 years with option to purchase 100% interest in Mt Cattlin for $30,000,000 plus a 3% net smelter return, at any time during the 3 year period. General Mining to pay a lease fee of AUD$2,500,000 per annum to Galaxy Resources (ASX:GXY), and a 10% production royalty. General Mining plans to commence Tantalum production at Mt Cattlin within approximately 6 months.(wording straight from announcements)
Poster: Trevor12 (STT Accuracy: 14.3% - Ranking No.20 )
http://hotcopper.com.au/posts/14778211/single (Mcap: $7.9m)


MEO - Oil and Gas in WA [19/02/2015]
mc $11m Cash $9.7m FA: Have just farmed out 60% of their half interest in WA-488-P, funding their share of Beehive 1, with a farm-in option on two other permits. There is also a takeover proposal, which will fail, but underpins the sp at about .012. Current sp .014.
Poster: Pmd3nka (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14777169/single (Mcap: $10.5m)


SBB - Retailing [ In China] [19/02/2015]
SP - 6.1 cent MC $28M as per CommSec Cash as on 31.12.14 as per 4C $29M Main catalyst would be Dividend to be announced by 28th Feb (last year, it was announced on 28th Feb). I know, many have doubts about paying dividend this year. However, company knows, if they don't pay dividend, SP would be hammered & they'll lose trust. So I am very positive about paying dividend. Dividend would be between 0.5 cent to 1 cent IMHO.
Poster: Fedcba (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14779832/single (Mcap: $29.2m)


PMY - Gold Silver Lead [In Columbia] [19/02/2015]
Very high grade gold silver and lead (with zinc present) across several projects in one of the safer areas in Colombia. If these results are confirmed with further drilling SP should wake up big time imo.. Phase one reconnaissance successfully completed at Pacifico’s recently expanded Berrio Gold Project. Faulted contact mapped for over 6 kilometres within Pacifico’s recently acquired tenements and remains open to the south. Grab samples at the faulted contact generated significant assays including: o MO6120 – 240.11 g/t Au, 1,178 g/t Ag and 2.02% Zn o MO6121 – 46.88 g/t Au, 166 g/t Ag and 1.12% Zn Sampling of shears within the Berrio Sediments contained further encouraging assays: o MO6101 – 94.97 g/t Au, 215 g/t Ag and 4.95 % Pb o MO6102 – 11.76 g/t Au, 343 g/t Ag, 13.58 % Pb and 24.19 % Zn Sample MO6171 taken from a low angle quartz vein in the Segovia Batholith contained 88.92 g/t Au and 761 g/t Ag. Completion of phase one reconnaissance exploration at Pacifico’s Natagaima prospect provides encouraging assays from selective grab samples including: § 1.35% Cu and 9.30% Pb and 1.12% Zn (MO6065) § 2.1% Cu and 1,395g/t Ag (MO6066) § 4.95% Cu (MO5980) § 4.84% Cu (MO5984) § 4.83% Cu (MO5985) • Highly prospective northeast trending corridor measuring 11km x 3km highlighted for follow-up exploration.
Poster: CaptainGoodvybes (STT Accuracy: 21.4% - Ranking No.19 )
http://hotcopper.com.au/posts/14776167/single (Mcap: $10.9m)


TIS - Biotech [19/02/2015]
Market cap: $70m Currently is undertaking capital raising, SPP @21c, fully underwritten. Close date 27/02, next Friday.SPP normally holds back sp at a CR price. TIS is a very volatile stock. It fell to 10s in 2013, then bounced four times. SP was smashed again due to recent significantly discount CR.CE mark due 28 March. Potential markets are huge based on the company presentation. It is likely to go up towards the decision date of CE mark next month
Poster: Accearic (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14778641/single (Mcap: $61.9m)


SER - Graphite- Graphene [18/02/2015]
$18 mil M.C. $1.6 mil cash graphene research mob through Monash uni aim to have one of the first graphene production plants worldwide graphene supersand has water treatment potential and Worley parsons is doing scoping study for supersand energy storage capabilities with graphene, military and naval applications spinning off ionic industries into "free" shares for holders looking good for growth i like the water treatment capabilities
Poster: Speckledjim (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14770791/single (Mcap: $18.8m)


IMC - Biotech [18/02/2015]
Biotech company headed by Roger Aston, the man responsible for the success of MYX and PAA (I am a big fan of his and I snatched a lock of his hair at a recent AGM that I wear around my neck in a locket) Multiple products.. Distribution deal signed today in China with potential to increase revenue in multiples of current levels. This is for their food and dietary product Travelan Recruitment has begun on their Phase II trial for drug that treats liver disorder affecting over 5% of US residents. The more crap the world eats drinks and breaths and the more we just want to take pills to make good of our disgusting habits, the more demand for IMC’s offerings.. safe bet IMO TA wise- slight gap up this morning, but this Chinese deal should be considered a genuine re-rate IMO
Poster: CaptainGoodvybes (STT Accuracy: 21.4% - Ranking No.19 )
http://hotcopper.com.au/posts/14769086/single (Mcap: $16.1m)


AB1 - Mobile phone Gaming [18/02/2015]
Price catalyst was this morning IMO but a relatively unknown stock. Broader market will wake up to this when they realise the significance of the success story and the fact that it is the only option on ASX for investors wanting exposure to this segment. They are experiencing great success with 3 to 4 downloads per month. Their latest offering just topped the Asian charts and has just signed a deal to publish it in China. Though they have a diversified portfolio of games so are not exposed to flash in the pan popularity CEO is speaking at conferences so could be a few savvy overseas investors taking positions at some stage Too new to do much TA, but it is still below IPO price and has one half pip gap left in it.
Poster: CaptainGoodvybes (STT Accuracy: 21.4% - Ranking No.19 )
http://hotcopper.com.au/posts/14768960/single (Mcap: $8m)


CM8 - Tech, Crowd Sourced micro-job mobile cloud platform [17/02/2015]
Key highlights for the six months trading to 31 December 2014 include:• Supply agreements executed to launch services into Italy, Hungary, Portugal, Spain, Poland, and Norway;• Messages volume up 30% to 2.2 million;• Operating revenue up 20% to $5.6 million;• Normalised EBITDA up 40% to $1.4 million, reflecting the leverage of high gross margins and sales growth over the fixed cost infrastructure; and• Headcount (FTEs) increase from 10 to 20.
Poster: Nixonbi (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14760629/single (Mcap: $16.5m)


DMG - Shell Company [17/02/2015]
DRAGON MOUNTAIN GOLD (not a gold stock) Cashed-up shell, with $4.3M cash, last qtr MC $4.2M @ 1.6c 263M fpo DMG is a cashed-up shell that came about with the sale of the company's former Lixian gold project, with a $150M special dividend and ROC to shareholders. News of a new project has been over two years in the making, with the company's wording as follows at the last qtr: The Board continues to review its strategy in order to find the right project that will benefit the Company and shareholders going forward. The assessment and due diligence of projects needs to be done with these factors taken into consideration. The Board believes that it may be possible to take advantage of the current cash position to obtain a financially economic project. Sentinel Stockbroking became a SH in June 2014, taking a nearly 10% stake in the shell. DMG's Executive Chairman, Robert Gardner, is quite the wealthy prospector and there are rumours that enough cash was left in the shell after the $150M Lixian sale, to allow a backdooring of one of Gardner's key purchases in recent years - the Norilsk nickel asset in WA, owned by his investment firm, Wingstar Investments. Gardner owns around 50M shares in DMG. Of course there's also Gardner's other shell, NIO.ax, which he holds 55M shares in and which he and other directors have begun being paid in shares, in lieu of director's fees. NIO holds only ~$240k cash, which doesn't really make much different when it comes to backdooring. Could go either way.http://af.reuters.com/article/metalsNews/idAFL6N0O71H120140521 Today saw the largest volume traded in this illiquid shell since May 2014, with a $40k, 2.5M parcel traded first thing and another 1M later, around $60k all told. Interesting to see if there's follow through, but even without an immediate acquisition, it would be more than reasonable for a shell like this, with decent quality mgmt to trade with a $2-3M EV, or 50% higher than the current price
Poster: Heraclitus (STT Accuracy: 10% - Ranking No.21 )
(Mcap: $4m)


SXT - Social Commerce - Online Retailing [17/02/2015]
$.008c $750,000 cash $1.5 million market cap“ Online retail delivered through a fun, competitive shopping experience ”It engages consumers in a Competitive Shopping TM experience that eliminates retail margins and passes the full discount on to its members – disrupting the conventional online retail model. Revenues are generated through subscriptions, advertising & smart data. Consumers are attracted by hope of gain, entertainment, celebrity involvement, charitable causes Acquiring WinWin - EV will be around $6 million, market cap $9.5 million post transaction Price catalyst - further updates of WinWin progress
Poster: Fibonarchery© (STT Accuracy: 59.6% - Ranking No.2 )
http://hotcopper.com.au/posts/14765782/single (Mcap: $1.5m)


AEK - Uranium [17/02/2015]
FA highlights from AEK feasibility study on their Temrezli ISR Uranium Project to consider: Development case NPV8% of US$ 191.1 million pre-tax Cash operating costs of US$ 16.89/lb of U308 Projected life of mine gross revenue of US$644.0 million (A$ 833.7 million) and operating cash flow of US$ 345.5 million (A$ 447.3 million) based on US$65/lb uranium price1 Initial capital cost of US$ 41.0 million1 incl. US$ 4.3 million in contingencies. Total uranium recovery (Development Case) of 9.9 million lbs. U308 1 Project payback occurs within the first 11 months Temrezli confirmed to be technically low risk, and highly profitable driven by its high grade, low capex and low operating costs which will position Anatolia as one of the lowest cost uranium producers in the world Significant leverage to the uranium price. Sensitivity analysis indicates that every $5/lb increment in the uranium price increases pre-tax NPV by US$ 27.8 million Potential to further bolster project economics and project life through future in
tegration of satellite mining opportunities such as Anatolia’s 100% owned Sefaatli Project Detailed plant engineering to commence potentially allowing for savings in plant capital, via the substitution of US suppliers with Turkish suppliers, and reduction of contingencies applied. There will be a conference call on Tuesday morning which may result in buying pressure. At this level I would want the SP to close above .08 before I bought more- any break above this level bullish IMO- so the narrow window between market opening and investors digestion of the phone conference would be an ideal time to make a decision IMO The downside here is that the project is in Turkey, so some country risk which may deter investors (hence the SP not rocketing to the moon today) a bit like (but not as bad as) MSR in Kyrgyzstan (one of the lowest gold cop in the world, but country risk scaring people away)
Poster: CaptainGoodvybes (STT Accuracy: 21.4% - Ranking No.19 )
http://hotcopper.com.au/posts/14762581/single (Mcap: $20.4m)


MSP - Biometric security
[16/02/2015]
4c $7.5 million cap $1 million cash Triple factor authentication combining state of the art fingerprint scanning with military grade encryption. Uses 13.56 MHz radio frequency designed by Philips Electronics and manufactured by NXP Semiconductors. MSP have an entire suite of secure access technology - biometrics is just their latest product offering. Commercial agreement to supply these scanners to Wells Fargo, the worlds biggest bank, price catalyst will be further contract news
Poster: Fibonarchery© (STT Accuracy: 59.6% - Ranking No.2 )
http://hotcopper.com.au/posts/14757807/single (Mcap: $6.6m)


GTG - Biotech [16/02/2015]
think current revenue won't support 4 times increase within days. Cash burn will mean more shares to be issued via existing $24m equity agreement. Director sold on market at 2.3c last week. I expect gtg to retrace on reality check.
Poster: Accaeric (STT Accuracy: 35% - Ranking No.12 )
http://hotcopper.com.au/posts/14756796/single (Mcap: $56.6m)


AZK - Copper/ Gold Explorer [13/02/2015]
MC 2.8m Cash 750k (waiting for cash from other asset sales).Rig mobilised and about to drill at the Anosivola Copper/Gold four holes and a total of approximately 1000m depth. First pass reconnaissance sampling at Anosivola outlined substantial geochemical anomalies with elevated copper and gold results. Our attention is focused on a 600m wide shear zone at least 6km in length between Anosivola East and Bevomanga (AEB). Surface trenches returned continuous channel intersections including 3m @6.72%Cu, 5.49g/t Au and 224g/t Ag (sample number 47076). Got more assets but this will be a key one that will re-rate it.. Drilling has been delayed due to bad weather but team is ready. This call might be abit to early.. but this is a stock worth watching over the coming weeks.
Poster: Tjsol (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14746263/single (Mcap: $3.3m)


MNE - Copper and Gold in the Philippines and WA [13/02/2015]
$7 million cap' 1.7c Cash on hand - enough however facility in place if need arise. Doubtful as San Sebastian ramping up. Previously non x director made a $250k loan. Massive grades, or Motherlode, a real possibility (this is a genuine re-rate 12 month hopeful) "... one of the truckloads delivered to the mill by Metallum during December graded a massive 22.70% Cu"... Began trucking ore from 100% owned San Sebastian mine in December, latest quarterly shows average grade 4.72% Cu. Working toward having 3 mines up and running shortly, at 5000T a month per concession. Multi vein systems ... Everything you need to know, and lie awake at night as a shareholder, is in the report. We've read it before re projected upside etc however at a conservative p/e 5x share price 'predicted' 6.6chttp://metallum.com.au/images/announcements/Metallum_Copper-bottomed_certainty_February_11.pdf
Poster: Ibuybullion (STT Accuracy: 52.6% - Ranking No.3 )
http://hotcopper.com.au/posts/14746719/single (Mcap: $6.1m)


JRV - Scandium [13/02/2015]
8c $5 million cap $700k cash Nyngan Scandium resource 12 million tonnes at 261 ppm, including 1.5 million tonnes at 330 ppm Another scandium / polymetallic project at Syerston, and a gold royalty from NGF
Poster: Fibonarchery© (STT Accuracy: 59.6% - Ranking No.2 )
http://hotcopper.com.au/posts/14746853/single (Mcap: $5.9m)




Weekly Technical Analysis Prospects

MNW - Mobile Payment and Billing Solutions Company [23/02/2015]
Market Cap $28m Cash $7.5m Debt $6m Has had a big fall due to non-performance and failing to meet expectations Was a market darling and one of the first Tech stocks to have a big rerating from 2c to 44c a 22 Bagger Has now fallen back towards a base of around 5.5c making a double bottom around here just like in December (5.3c low this time) and just like in early December its one of the company's major shareholders buying up on market that’s put a halt to the rise and should see it repeat that earl December move to at least 8.4c resistance. that 8.4c level can be overcome (And 10c) we should see a bigger bounce similar to what we saw with E88 with the eventual target being an attempted push back towards 20c
Poster: Strauss© (STT Accuracy: 41.1% - Ranking No.8 )
http://hotcopper.com.au/posts/14790904/single (Mcap: $29.7m)


HZN - Oil and Gas [23/02/2015]
Market Cap: $169M Cash: US$ 43.5M (as per quarterly dated 31/12/2014) Current SP: 13cThe weekly chart shows a bullish falling wedge pattern in a downtrend. It is not a perfect wedge. I expect a break upwards out of this wedge pattern because the RSI on the weekly chart shows that this stock is oversold. The RSI on the weekly has a value of 29.5 and is trending upwards. The monthly chart also indicates that this stock is oversold because the RSI on the monthly is 29.8 .
Poster: Ibza (STT Accuracy: 37.9% - Ranking No.10 )
http://hotcopper.com.au/posts/14797748/single (Mcap: $169.3m)


FAR - Oil and gas producer with assets in West and East Africa (Senegal, Guinea Bissau and Kenya). [23/02/2015]
Market Cap: $313M Cash: $67.2M (as per Quarterly 31/12/2014) Current SP: 10cThere appears to be an ascending triangle which has formed on the weekly chart. The share price has just broken out of this ascending triangle. As the break out was a positive upward breakout, I predict the share price will continue to increase further over the next few weeks. It looks like instos have been accumulating FAR for the last 13 weeks and are the cause of the ascending triangle pattern on the weekly chart. There are drilling results expected and I see this as the reason that the instos have been accumulating along with oil prices being at lows.
Poster: Ibza (STT Accuracy: 37.9% - Ranking No.10 )
http://hotcopper.com.au/posts/14797697/single (Mcap: $312.7m)


FLN - Freelancer and Crowdsourcing Marketplace [20/02/2015]
SP 75C MC 320M (Directors hold 88%, Free float 10%) Cash 20M FREELANCER is world’s largest freelancing and crowdsourcing marketplace. Listing price was 50c and debut day opened at 250c. after months' consolidation SP formed a base between 50c and 70c. With recently released better 2014 performance SP break through 70c level and back on upward again. weekly chart shows clearly a new trend formed. Record Net Revenue of $26.1m for FY14 (up 39%) Gross Payment Volume (GPV)1grew strongly to $103.7m (up 23% Gross margins of 87.1% in line with prior year (FY13: 87.6%)
Poster: Nixonbi (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14784714/single (Mcap: $343.5m)


GRR - Iron ore producer [in Tasmania ] [17/02/2015]
Shares 1.16bn Annual div 9.52% Has be sold down on large volume from late January. Stabilised just under .100 last 2 days of trading sellers tried one more time to push price down but was meet with large buyers.. Positive divergence just bout to take place with a golden cross looking likely. A break of .120 is what I’m watching for..
Poster: Tradesurfer (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14759891/single (Mcap: $121.5m)


1PG - Tech [17/02/2015]
SP:1.1,MC:11oM Over one month's consolidation, sp back to life again. With sp closed above 5 weeks average and the steam of keep coming agreements, this one is going to new high soon
Poster: Nixonbi (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14759888/single (Mcap: $87m)


SBM - Gold Producer and Explorer – WA, PNG and Solomon Islands [16/02/2015]
MC- $109 mill Cash – $70 mill I submitted this last month (expiring tomorrow) and now again as a new pattern has emerged. Cup and handle formation playing out. Long legged doji at base of short downtrend (handle), Increasing volume. Target from this formation is 0.4 (rim of cup 0.235 – base of cup 0.07 – 0.165). Add this to the rim of the cup for target = 0.4. Half yearly due 25.2.2015.
Poster: Trevor12 (STT Accuracy: 14.3% - Ranking No.20 )
http://hotcopper.com.au/posts/14756643/single (Mcap: $106.4m)


MSP - Biometric security
[16/02/2015]
Bounced off long term support at 3c with a dominant white candle. OBV strong and rising. Sellers thinned / got taken out last week. See chart in link
Poster: Fibonarchery© (STT Accuracy: 59.6% - Ranking No.2 )
http://hotcopper.com.au/posts/14757833/single (Mcap: $6.6m)


HOR - Copper in WA [16/02/2015]
HOR repeating range from the past gives two possibilities (18-20 cents & 45 cent areas) disclaimer - might not happen. but looking at the GMM chart the rise last week was the same range from the past: so HOR chart with repeating ranges from the past could take it to 18-20 cents or 45 cent areas: See Chart in link below
Poster: Cebonomics (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/14756298/single (Mcap: $2.5m)


BDR - Gold production & exploration Brazil. Gold Exploration Australia. [13/02/2015]
MC- $240 mill Cash – $73 million cash and bullion as at 31.12.2014. CHART – MONTHLY CHART shows double bottom (May 2010 & Dec 2014) with area of resistance (target area) on the way back up at 0.6. This target area is also the halfway point between the Previous peak 1.015 and last low 0.185 (range indicated by downtrend line).On the DAILY CHART, an inverted hammer formed today on good volume. This candlestick indicates increased buying pressure. This is retesting the 50% fib retracement of the last long run. If we head back up, a W pattern may be forming with short term targets at 0.34 and 0.385
Poster: Trevor12 (STT Accuracy: 14.3% - Ranking No.20 )
http://hotcopper.com.au/posts/14747056/single (Mcap: $251.6m)


JRV - Scandium [13/02/2015]
8c $5 million cap $700k cash 52 week breakout on volume, rising OBV, dominant white candle: See Chart in Link
Poster: Fibonarchery© (STT Accuracy: 59.6% - Ranking No.2 )
http://hotcopper.com.au/posts/14746853/single (Mcap: $5.9m)